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It looks like it created another event.
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Wheelie, got Rico, we only got four people here, bro.
You're gonna see it. That sounds like stammers,
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We got people in here. Let's just get the show going.
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This is restream kind of gave me a curveball this morning.
Anyways I got very special stuff for you guys today.
Today, there was man, people are waking up to the fact that the
problem is the fed. The problem is Central Banking,
there's this Great Awakening, right?
There's mainstream podcasters that are waking to this.
There's Jack Pacific, there's Tim pool, right?
And Steve Bannon, you put the politics aside.
We're not pop, we're not political on, simply Bitcoin,
but let's just say he has a big following and he dropped This
insane nuke of a speech on over the weekend at CPAC, and I
really wanted to play it for you guys, but it wasn't only that
like, check this out. Check this out, check out all
this stuff. Right?
So Jack the sobic tweeted this, he said abolish it, obviously
he's referencing the the fed and yes, that is Steve Bannon with
laser eyes. Jack was so big.
Also tweeted this. He says if you don't understand
how it works, start with rule 11, what if the bank runs out of
money? Some players think the bank is
bankrupt, if it runs on a minute out of money, the bank never
goes bankrupt. Obviously he is talking about
the Federal Reserve and let's check out his speech Opti.
It's going to rile you up, let's check it out.
One last thing. The biggest scam.
They have the biggest con is not just the Appropriations process
and how they fund it, it's the Federal Reserve.
Okay, okay. 0.5% of the citizen of this country own more assets
than the bottom. 90% that's all happened.
Over the last ten years, since 2008.
Now, we took a monetary base of what back in the 80s of what 800
billion dollars, the bouncy. The Fed was 880 billion dollars
into President Bush. Right now, she the FED is nine
point five trillion dollars today.
That's 30 trillion dollars. We have 100 to 150 trillion
dollars contingent liabilities all just because we're their
Prime Reserve currency, the greatest export you have is the
dollar but all of that rest on the shoulders of our children
and our grandchildren. Those are all do Builder, come
do. All we've done is cranked up,
we've just cranked everything up.
That's for the talk about these ridiculous, insane bills of
trillions of dollars because the Federal Reserve will print the
money. The Federal Reserve, by the way,
that's owned not by the American people.
A central bank, that's owned by 24 prime Brokers, being JP
Morgan and Goldman Sachs and Morgan Stanley.
How does that work? And governors that kind of
selected. But, you know, 12 years and the
best Governor we've had in the freezer right here in Dallas,
Richard Sure who told you what was going to happen by going to
negative interest rates, told you what was going to happen by
printing all this money, and having four five six trillion
dollars, seven trade dollars, eight trillion dollars.
Now nine trillion dollars in the balance sheet of the Federal
Reserve. It's going to cause you talking
to Quality. It's not a fifteen dollar.
Minimum wage. That's tip money.
We have, I think into today is what 22 or 23 trillion dollars.
That's how the administration state pays for itself.
We don't need to audit the FED. We need to end the Federal
Reserve. The Federal Reserve has usurped
has usurped has usurped its power in the power of the
American people and our elected representatives and no they do
not have the consent of the government.
We will not comply, we will not submit and it must be ended. in
closing, let me just remind you from the founding of this nation
up to the founding of the Federal Reserve for those
hundred years Hamilton versus Jefferson, Andrew Jackson
Abraham, Lincoln Henry, Clay, Teddy Roosevelt.
William Jennings Bryan the whole concept of 19th centuries.
Almost entirely the politics of money.
It was actively debated. What the currency was who
controlled the currency. What was the Central Bank who
control the central bank? After the Federal Reserve reform
we've lost that that is going to be one of the if not the most
major issue we have we have to end the Federal Reserve, we have
to turn it back. That Central Bank is going to be
owned by one group, you know, that group is the American
people. The American people, not a bunch
of fat cat Prime Brokers on Wall Street.
Not guys like not third-tier Bankers from fifth tier firms.
Like how you're going to have the American people control
their own bank in their own currency?
So dude incredibly incredibly bullish put the politics aside.
I think his solution is a political solution, whereas in
bitcoiners solution separate the money from State.
Take it out of any human beings hands.
It's not about putting it into the hands of the American
people. It's about putting it into hands
of no one, right? That is the beauty of Bitcoin
beauty is rules without rulers. Hopefully, this political
movement wakes up. The fact that there is an
alternative because before Bitcoin there was no good
alternative to Central Banking gold, the gold standard was
co-opted by government. Obviously it wasn't resilient
enough, Bitcoin is resilient enough and hopefully this
political movement wakes up to that.
Fact, it wakes up to the fact that hey, there's an
alternative. Now this is what I hope right?
Because unfortunately what you're seeing Is only right-wing
individual, Steve Banning extreme, right?
Jack, the sobic very right-leaning Temple.
Kind of center, right? Hopefully, my goal and my dream
is that it becomes eight bipartisan movement, which is
why we have episodes on simply Bitcoin about the progressive
case for Bitcoin, because it helps both sides.
So, hopefully, we'll see some progressives, basically, saying
the same message. It's the Bannon is saying
because at the end of the day, guys, Central Banking is the
number one cause of the wealth inequality.
Every time they print money, it's a wealth redistribution
mechanism from the poor from the middle class that don't have the
means to save in hard assets inequities in real estate.
They don't have the means right? They earn and they save in cash.
And the wealthy, every time they print money because they have
their money in assets, they benefit from asset inflation.
So the well, the rich get richer, and the poor get poorer,
right? But at least we're halfway
there. At least you have some of the,
of the figureheads of the, of, the new conservative movement
saying what bitcoiners have been saying for the longest time and
the fucking fed and the fed and you heard That round of
applause. You heard it now.
Let's see if he could make the final connection and realize
holy crap. The solution is Bitcoin that
speech made me incredibly bullish Opti.
What do you think brother? Well, You first thought is
simply you just can't stop the signal guys.
This is what we say every single day day in and day out that the
Bitcoin message cannot be stopped.
The signal will not be stopped and man, you are right.
I did get pretty high, but I actually got chills.
I know, I know he's a its political its rhetoric, but man,
it's like, it's the, it's happening gift.
You know, like what we've been saying is actually coming to
fruition Wish it gradually then suddenly the message is being
spread out and people are understanding that.
The central banks are the problem that the money is
absolutely broken. And if you really want to change
the world, then you have to fix the money and man it's
absolutely refreshing to see, you know that I'm going to call
it rhetoric that rhetoric being spread out there for people
because we get a lot of. We get a lot of shit over here
sometimes because people say that, That we, you know, we
stick to the Bitcoin fundamentals too much and they
say we need to get into the nuance and I fundamentally tell
people like look there is new people getting into Bitcoin.
We need to spread the fundamental message that Bitcoin
is the way and sometimes you have to rehash the basics and I
think this is what is happening on a mainstream stage.
Like he is pointing out and highlighting the problem which
we all know is the Federal Reserve or central banks in
general, And I like Mica said, let's just hope that he can make
the connection. All right, maybe not even him,
but the people watching can eventually make the connection
that Bitcoin is the solution and that people need to save him
Bitcoin. So, this is just a gradually
then suddenly and I'm here for this, this is why we show up,
this is why we do this because the signal can't be stopped.
Bitcoin is dissolution, Bitcoin is and is just slowly slowly
getting spread out there. And man, this is just bullish.
This is bullish. In my opinion, maybe it's a
Sentimental thing, but our message is getting out there
guys and continue to double down on, spreading that message,
because people need to hear it. And what you're seeing right?
Is it you're seeing the ideas of Bitcoin becoming mainstream
you're seeing the public awakened to the fact that holy
crap Central Banking is a scam. Now what US bitcoiners have to
co-opt because I don't know what other word you could use is.
Hey you could en Central Banking but what are you going to
replace it with right? And we have in my The best
solution. I'm going to read a couple
comments from the audience, right.
You have Andrew Williams that says the attack on the FED is a
is a diversion by the US government.
They're making the fed, the scapegoats for inflation.
Good take here is Tucky t y guy, people making 250k a year are
still living. Paycheck-to-paycheck, Central
bank's, distort price signals which make it hard for people to
appropriately save and live within their means.
Absolutely true. Anyways guys, we got some got
some good news for you guys. Today, let's move on.
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out crypto cloaks.com today. Alright guys, so I created a
room. Yesterday because I was so
pissed off, check this out. Okay, they caused inflation.
Why they printed too much money when they cause inflation.
And now they're redefining or basically, saying there is no
inflation, which is a form of redefinition.
Not only that, right? You have them.
Literally, we are in a recession right now.
If you use the old definition, but of course they redefined it.
And not only did they do all these things.
They just Splash the inflation reduction act and what the
inflation reduction on. I'm not going to get into the
intricacies of it, but it prints 700 billion, plus dollars. you
print more money, what happens were inflation but not only
that, not only that, They also increase tax enforcement,
they're hiring 87,000 new IRS agents.
So to get you guys a perspective that number of government,
bureaucrats is bigger than the people that work at the Pentagon
and the FBI. Holy crap.
What type of clown world are we living on?
And here's a passage from the sovereign individual that I
think really describes why they're doubling down on
increasing taxes and tax enforcement during a recession.
What is going on here? And I think this passage from
the sovereign individual explains it beautifully, it
says, lacking their accustomed scope to tax and inflate
governments and even in traditionally civil countries
will turn nasty as in Tax becomes uncollectible Durand
more arbitrary methods of extraction will resurface the
ultimate form of withholding tax.
The de facto or even overt hostage-taking will be
introduced by governments desperate to prevent wealth from
escaping beyond their reach. Unlucky individuals will find
themselves singled out and held to Ransom and in almost medieval
fashion businesses, that offer services, that facilitate the
realization of autonomy by individuals will be subject to
infiltration sabotage and disruption arbitrary for
Overture of property already commonplace in the United States
where occurs five thousand times a year will become even more
pervasive governments will violate human rights sensor.
The free flow of information sabotage useful Technologies and
worse the last part sabotage useful tech knowledge ease here
is an article by Forbes. It gets into really the details
of what is in the inflation. Reduction act mind you.
It's called the Reduction act, but none of these things are
going to reduce inflation. This is more government spending
the government printing, more money, which was the sole cause
of inflation. It was not the supply chains, it
was not the pandemic. It was not Putin.
It was not the situation in Russia and Ukraine.
It is solely because governments printed a record amount of
money. Anyways Is this Forbes article
breaks down. What is in this in this act,
says creation of a 15 percent corporate minimum tax.
So more taxes for you prescription, drug price reform.
How do you do that? You subsidize it, subsidizing
requires money, IRS, tax enforcement closure of carried.
Interest loophole Affordable, Care Act, subsidy extension,
energy security, and climate change Investments.
I want to go back to the IRS tax enforcement, I know.
A lot of you guys were thinking, what does this have to do with
me? I'm in Bitcoin will guess what?
Part of the ACT part of the bill.
Also specifies, digital asset monitoring and compliance
activities. The IRS has been working on
digital asset compliance for years but an infusion of funds
could allow the agency to rather significantly step up its
efforts as well as its criminal investigations.
No One Is Safe here and I know I see a lot of comments in the The
comments are. Hey, I paid my taxes.
I pay my taxes. I make sure to filed every year
follow the rules. Why I think they're wrong, but I
also don't want to go to jail, right?
But if you have ever been through an audit, I'm telling
you. Even if you did nothing wrong,
you're going to spend two. Things are going to spend a lot
of money. Proving your innocence proving
you did nothing wrong, and you're all which you can't beat
you. It's not going to be reimbursed
and you're also going to spend something that you could never
get back time. So yeah, man.
This is Scary scary stuff Opti, I can't believe it, dude, I
can't believe it. But that, that passage from the
sovereign individual. If of course, some of the things
haven't happened yet, but it really clarifies, it really
gives you a bird eye view of why this is happening.
And I think, if you connect it with, what Bannon was saying, in
the beginning of the show, the money printer has grown the
administrative state to such a size that it keeps trying to
milk. Like more and more and more
money out of its citizens. It's going after.
This is the unproductive class going after the productive
class. This is why we must separate
money from State. The incentives are not aligned
anyways. Opti, what are your thoughts,
brother? Well, first off, I think I need
to give you some horns and go because that was on fire.
And second thought is, man, I really need to reread the
sovereign individual. It's been probably about a year.
And it's just coming to fruition like everything had saying,
slowly, but surely all the predictions are happening and,
you know, I need a, I need a brush up on it because I do not
have the Nico Jones memory, but it's, it's such an amazing book.
Anyways, the amazing meme of trying to print money to stop
inflation. Like, are you absolutely
kidding? Me?
Does the government? Think you are this dumb?
do the powers that be think you are this dumb and uninformed the
gaslighting is absolutely insane to me like It's borderline.
Absolutely mental like these people are psychopaths they they
literally look at you like cattle.
They don't think member women. They called us Psychopaths.
Yeah it was projection that was fucking projection.
It's it blows my mind man. Like the powers that be or the
quote on quote Elites or like someone I think was praveena
said in the YouTube chat. Last week, the parasites at the
top are trying to fleece the plebs out there.
You the everyday person of everything you have.
Because you already know why you will own nothing and be happy by
2030. It's absolutely insane.
And furthermore, the fact that they're sneaking in taxes, like,
you know, different tax rules under this.
It's, it's fucking disgusting. Excuse me for, you know, losing
my shit on on YouTube right now. But man, the amount of taxes
that they try to get out of you won't ever cover.
All the money that they're spending.
This isn't about not getting enough taxes is about the
government. Being and creating too much
money. Like this is all about control.
Guys, we tell you this all the time, the framing is always, are
they trying to control you or are they trying to empower you?
And what do you think they're going to do by making your
currency weaker and making you pay more taxes?
They want you poor, they want you owning nothing and being
happy. So what are we going to do out
there? We are going to save in Bitcoin
and be absolutely happy. So you already know why?
Do. This guy's Bitcoin is the way
these people don't have your best intentions.
This is why we tell you. This is an individual Revolution
and you will have to make decisions for yourself that you
think are the best for you and your family, long-term stop,
listening to these quote-unquote authorities because they do not
want the best for you. They literally tell you up front
that they're going to steal everything they can from you and
you should be happy about it. Like are you fucking kidding me?
It's absolutely insane. Absolutely insane.
I don't know what else to add Neko?
No, dude, you hit the nail on the head.
Anyways, let's let's get to the next topic, right?
This was very big news and Opti in an episode that we had some
technical difficulty ruin, having a lot of technical
difficulties. The last one, it was Opti that
messed up this time. It was Nico that messed up
because apparently, I don't know.
Something was happening with restream, it wasn't live
streaming correctly, will get better at it, guys, bear with
us. Anyways, this Very big news.
Let me get to it. But first I want to make the
argument. I want to make the claim that
everyone eventually boughs down to the king.
And the king, of course, is Bitcoin doesn't matter who you
are. Doesn't matter what country you
are from. This is Jamie dimon, he's the
CEO of JPMorgan. Let's see what he says.
This was dated October 20 21. Jamie dimon says Bitcoin is
worthless fast forward. May 6, 2010 T2.
Jamie dimon's, JP Morgan says. Bitcoin slide has created.
Nificant upside for crypto investors.
Oh look at that change of tune, right?
Listen only Jamie dimon. Let me introduce you to Larry
Fink. He's the CEO of BlackRock
BlackRock. So one of the largest index
funds in the world if you look at any Fortune 500 company,
BlackRock probably and most likely owns a percentage of them
and because they have so many assets under custody.
So many Equity, so many things under custody, they inherent
that voting power, as if they were the sole owners.
Of that asset. So Larry Fink is an incredibly
powerful and influential person. Let's see what he said.
October 13 2017 BlackRock CEO. Larry Fink, because Bitcoin, and
index of money laundering fast forward.
Aha August, 4th 2022. BlackRock teams up with coinbase
and crypto Market expansion, they say crypto, but if you go
here, it clearly says initially. It will be Bitcoin.
So again, Bloomberg and their goddamn articles.
Let me change it for them. BlackRock teams up with coinbase
in Bitcoin Market expansion. Let's go back, shall we October
13? 2017 BlackRock CEO, Larry Fink
called Bitcoin and index of money laundering.
So Bitcoin is undefeated Jamie dimon, Rex Larry, Fink Rex.
Anyways, let's get to the article.
BlackRock ink is partnering with coinbase global to make it
easier for institutional investors to manage and trade
Bitcoin. How that Are you could skip over
it you're like ah you know another instant guys back up and
realize how big this thing is Black Rock right now, currently
has the last year 2021 had 10 trillion dollars under
management. Now it has nine point five,
seven trillion with the tea. It's a lot of potential Capital
that could possibly and I expect because of Bitcoins irresistible
incentives, eventually flowing into I'm taking the world's
largest asset manager into a Bitcoin and Bitcoin Market
hammered by plunging prices and government investigations.
Coinbase search, 15 percent to ninety, two dollars and 61
cents. At 1:20 p.m. in New York, the
partnership with black Rod, provide some relief for the
biggest US Bitcoin in shit. Coin, trading platform, whose
stock has lost more than two-thirds of its value this
year through Wednesday top. BlackRock clients will be able
to use its Aladdin investment management system.
Oversee their exposure to bitcoin, along with other
portfolio assets such as stocks and bonds and to facilitate
financing and training on coin basis exchange.
According to a statement Thursday, the focus of the
partnership with coinbase. The biggest US crypto trading
platform will initially be on bitcoin Black Rock set.
Hopefully it stays that BlackRock move deepens the
involvement of wall Street's traditional Financial players in
Bitcoin and shit, coins and related Technologies even after
this year's meltdown in such assets.
Bitcoin has Loss of course going to tell you Tara Luna is somehow
connected to this 3 Euros Capital blah blah blah.
They Clump together the Legacy Financial media, the shit coins
and Bitcoin hopefully simply Bitcoin and all the other
awesome Bitcoin content creators could slowly change that over
time now before you get too happy and excited, couple
things. This isn't going to push the
Bitcoin Revolution. The Bitcoin Revolution is people
taking Bitcoin into self custody.
This is not that right? This is again a custodian that
says, hey, I'm buying Bitcoin through you and they're doing it
through the most evil crypto Exchange in the world which is
going base. Right Opti you did a fail on
this. So I want to ask you some
questions. What is the downside to this?
What it? What is?
Because Larry Fink, like doj knows the great said in the
chat, he is a really evil motherfucker.
He is the main proponent. He was one of the main
proponents of the whole ESG movement.
That's him, that's Larry Fink. He's a huge globalist, right?
It's not a Good guy. So Opti.
What is what's your take brother?
Well I did cover this in the fail guys and if you're
following me on Twitter, following the simply Bitcoin
Twitter account you guys know what Mike Witt was black Lark
partners with coinbase and this is a match made in hell we say
it all the time on simply Bitcoin that Brian Armstrong is
an enemy of Bitcoin. He literally can't say Bitcoin.
He is essentially trying to strangle the Golden Goose that
is Bitcoin by pushing all these shit coins.
Like his literal job is an attack on bitcoin he runs one of
the biggest shit coin casinos he does everything possible he can
to not put Bitcoin in good light so there is a you know a vague
possibility of shit coins, doing what, you know, whatever pumping
or anything of this. But the biggest scare here in my
opinion is the Very real threat of rehypothecation.
BlackRock as you know owns 10 trillion dollars in assets under
management guys, I don't know if you know big numbers but
trillion is a thousand billion like that's so much money and if
they put any of that into Bitcoin, yes maybe it will pump
our bags guys. But this is not the type of bag
pumping that you want because they will re hypothecate the
shit out of Bitcoin. And so many people are going to
get wrecked if they use these custodial company, By these big
corporations, this could very well be an attack on bitcoin.
And in my opinion, it's not that bullish.
But like yes, it's super bullish because as I put in, in the show
that we had to take down rich people need some, something like
Black, Rock to make themselves, feel comfortable and feel okay
about investing in Bitcoin, or saving in Bitcoin and all that
good stuff. So so is this potentially going
to look good for for bitcoiners in the future?
Yes, it'll be inevitable that block got into Bitcoin but This
might be a good, a good, you know, some good signal for four
people out there that don't necessarily do their own
research. They export their thinking to
authority figures. So, will this give the green
light for other people to potentially jump into Bitcoin?
Yes. But again, as we tell you guys
all the time the revolution is self custody.
You want to get Bitcoin any way possible and put that into self
custody, you need to hold your own Vicky's because this is
literally what we're here to do to eliminate middlemen to
eliminate third-party trust because they have taken that
trust and they have shoved down their power down your throat
that they have distorted the, the financial Legacy system
trust and they are using it against you.
So am I hyped on this not very much?
Hey well we see our bags be pumped probably but The the
rehypothecation aspect of this is just it's had a controlled.
I know for a fact that that's what they're going to be doing
and but furthermore, like we always say, you know, Bitcoin
incentive stay winning. So on the flip side, obviously
bullish, because Bitcoin incentive still work, like we
think they do but the rehypothecation here, I think is
the biggest concern and I'm just reminded of mad.
Odell's tweet that I brought up You said coinbase, rug pulling
BlackRock might be the best time line so I don't know.
I don't know what's going to happen out there, but I believe
that we are in for a fun time in this timeline.
So continue to push the sound money.
Gospel continue to tell people to take their Bitcoin into self
custody because we need to avoid these situations where big
corporations can come in and Corner the market and
rehypothecation a lot of Bitcoin.
And then wreck retail investors out there when they Eventually
get rug pulled because they are recreating the financial system
on the blockchain. Much Innovation big.
Wow, take your Bitcoin in the self custody.
Yep, Amen. Brother preach preach in the
Bitcoin gospel. Yeah dude I it's such an evil
company. It's like but they also have you
know trillions of trillions of dollars so it is Bittersweet.
This is a Bittersweet moment. Might pump the bags a little
bit. But also do you really want
these types of PT really want Larry Fink holding Bitcoin.
You should he should be the last person to adopt Bitcoin that
kind of should be your attitude. On this takes off custody if
enough people we do it we went. Oh speak John says I always love
pulling up reading some of the chat.
He says speaking of take custody of your coins Hot or Not halting
withdrawals. Yes, we're going to get to that
tomorrow. John.
Don't worry. We got it.
Did you notice the great this pay me BlackRock?
Hold my back and I am building Becca.
Let's see, F DX on the world economic Forum member list,
dude. I mean did it we see sent Bank
men with Bill Bill Clinton in the Bahamas?
Like that's that's all you need to know.
Anyways guys let's move on. It's time for the daily fail
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for that discount anyways Opti it's all you brother.
Let's go. All right guys.
So as you can see on the on the screen I did this tweet covering
the news this weekend and it's Berg drops Pro.
Ethereum article, Shilling, the benefits of proof of stake.
The merge, and downplaying the risk of another math, hard fork.
And as you can see, my commentary is Bloomberg.
Who pays you to post this garbage?
Well, let's just get into this article first and I will see,
who I believe is helping them push this garbage.
Anyways, we have Butte Aaron says, any theater minor
migration won't slow murdered the software.
Change will make the change more energy.
A efficient, but there is some fear.
So vitalik, of course, says that the transition is unlikely to be
significantly to even if some miners gravitate to alternate
chains. And then start talking about
ethereum Classics and how ethereum classic could be one of
the biggest beneficiaries of the minor Exodus.
And then of course guys, before I get into this whole article
really focus on the framing of this article.
As I said, Pro ethereum shill article.
So, when you read this And here, this, you're going to hear a lot
of the very framing of them framing.
Eat them as being something more than it is.
Anyways, if their arms, upgrade is expected to impact earnings
for as many as 1 million miners, imagine being a minor on.
He's right now, I would be worried as well.
Anyways, here's a comment by Butte Aaron and I love this
comment, I'm loving that. They put this on Bloomberg.
I don't expect the theorem to really be significantly harmed
by another 40. Another ER fork, in general.
My impression from pretty much everyone, I talked to any
theorem ecosystem has been completely supportive of the
proof of stake effort, and the ecosystem has been quite United
around it. You gotta love the shit coin
communities. The communities are so nice.
They're so safe. And they're so inclusive.
I love the shit query. We hold on, hold on.
John says read it. And metallics voice.
Don't expect a barium to really be no.
Stop stop stop. Is that how he talks?
Is that right? I can't I couldn't do justice to
it but he he does this thing where he talks.
Very slowly to make it seem like he's smarter than he is at least
that's my perception anyways. You Terrence comments come ahead
of a long anticipated. Major software upgrade to the
blockchain that aims to reduce the extensive energy use, the
switch was has become known as the merge is Viewed as the most
ambitious technical chain in the blockchain world.
Jesus. Oh man.
Anyways, e thermal switch from using miners, essentially
powerful computers to order transactions to using much more
energy. Efficient coin wallet to run by
so-called validators. The move to the new system
called proof of stake has been worked on and delayed for years
as scores of developers worldwide have kept on,
improving and testing the software to work.
Out any bugs. Ethereum is the most important
commercial Highway in crypto, shit coins, and any disruptions
could cause billions and impact millions of users, again, more
than 40 billion dollars is sitting in decentralized finance
application on E theorem. And then eith the native token
of the network, has a market value of about 200 or less than
half of that of better-known rival, Bitcoin, it's half.
Half the price guys? What?
Maybe you can get to pick coins price, amazing, amazing.
And he was, they do cover some of the classic issues that have
happened. And this, this article or this,
this first sentence historically blockchain software upgrades
have often been surrounded by disruptions.
Yes. If your blockchain application
is etherium, guys, remember Segway it?
I'm pretty sure that the network didn't stop when we upgraded
that a few years ago. But hey, I don't know, maybe I
am just an average pleb. That is reading into things.
Anyways, they go into the Dow Hack That in 2016 and major hack
happen and they had to reverse the whole chain, they had a hard
Fork. Anyways, I love this comment
right here, many crypto exchanges in other apps are
expected to temporarily pause operations around the merge as a
precaution. Remember that Infamous meme of
vitalic guys. Can you please stop trading?
Now, this is part of the Tikal. Oh, we are going to just stop
trading. When we do this hard Fork, just
in case, there is any problems. If you are holding eat, if you
are a minor, if you are. Anyone on the Eve chain, this
should be a huge fucking concern.
This is a huge red flag but hey I am a toxic close-minded
Bitcoin ER okay anything anyways if everything goes smoothly a
big if no one should even notice that the merge is happened says
Tim by KO who coordinates eith developers said in a recent
interview with Bloomberg. And post-merge aetherium will
consume about 99 percent less energy than it does.
Today there were these genuine argument this.
Oh my God, I forgot this. This quote right here, guys,
vitalik, just amazing, but Alex says, there were these genuine
arguments that, like, there were people in the theorem community
that really believed in that immutability thing, you know,
just, just a little thing called immutability thing.
Not a big deal, guys, you know, but, Hey a lot of them went to
eat their IAM classic. Jesus classic already has
Superior community and Superior product for people with Pro
proof-of-work, values and preferences, no mention of
Bitcoin anywhere here, except for being the best known rival
of e. It's not that we're not going to
see a couple of splits on some markets in the meantime.
And, of course the tag. Yeah, vitalik, just hoping for
the best. I hope that whatever happens
doesn't lead to people losing money.
The I'm hoping for the best, you're so kind, you're so so
caring. About the people over there are
are over Lord and Master Techno Kid vitalik.
Anyways, guys, you've seen this before.
I am a iguchi, the executive director of the etherium
foundation, on the world economic Forum site, as one of
the participate errs of the Forum.
Well, someone dropped a really good comment on my Twitter on
that post and it made me look. Look into it.
So of course, Bloomberg is a partner of the world economic
forum who could have solved this coming.
Obviously shot, guys, look at the face on me.
I am shocked, amazing. And then, of course, I got to
add my bro, Dieter Bob in here and I asked Bloomberg, who pays
you to post his garbage id'd. Her Bob, of course, with the
Insight, it's literally paid marketing, 100% agree.
This is paid marketing. As you can tell, they are in
cahoots. The world economic Forum.
Now, right here, Nico, this. This, I hope this doesn't new
car Channel, but no, no, Tom. Well, drop this.
And I have to show it. I won't say anything more than
just showing the comment demons gonna demon, follow the money.
All right, that's it, that's it, that's it.
What does that have to do with anything that they are in?
Cahoots, and the people together at the top are They do not want
what's best for you. This is what I'm trying to show
you guys. You guys know what I mean.
When I tell you guys that the powers that be are working
against you guys. I know Nika.
I know you're scared. I see you're getting red.
He's like Optimus is going wild and is going to Nuke our Channel
but I bet we did, we didn't do it, I didn't do anything wrong.
I just but adding all that I know it's I knows a little eye
off Ball but I'm Telling you guys these power do not.
These people do not want the best for you.
And as we showed you guys, they are all In Cahoots to work to
push the world economic Forum message, which is what we've
been telling you. At the beginning of the show is
that they want you to own nothing and be happy.
They have a certain narrative Legacy.
Media does not have your best intentions.
They will literally released articles in a pseudo
intellectual way but They are paid ads like this is a page,
he'll article if I've ever seen one.
And I think the proof is in the pudding that you know the waif
the eith and Bloomberg are all In Cahoots to push a narrative
against Bitcoin in Freedom. So Nico, I do have another fail
in here if we have time. But give me your thoughts.
What do you thinking? Yeah, so look bring up receipts,
right? Um, so yeah.
Look the world economic Forum messaging is you'll nothing be
happy, right? Then by played you videos, many
times on this channel, build back better, great, reset all of
that stuff, right? That you've heard a thousand
times. The infrastructure bill for the
United States in the United States that was defeated, but
they just passed some of the things that were in the
infrastructure bill, you know, the name of the infrastructure
bill was build back better. Okay, so yes.
The, the reason I Change the way that I do is that because it's
so ridiculous that you're just like, yeah, dude, this isn't
some crazy conspiracy. But if you actually look at the
data, if you actually look at the detail, they're not hiding
it anymore. They're showing you their very
upfront about it. Now, is it some crazy conspiracy
where they're going to eat children and all that?
Yeah, I'm not going to get into that, but I will tell you this.
They definitely really believe that they know how to run your
life. Her than date.
Then you could run it yourself, these are Central planners,
that's what they are. Okay.
And it's also not a coincidence that every single politician
from the UK to New Zealand TV. United States was all saying,
build back better. That's not a coincidence.
And it's not a coincidence that in part of the build back
better, which they couldn't pass.
So they passed some of the things that was included in that
bill. The one that just passed is
literally called it's inflation act and which they hire 87,000
IRS agents, they raise your taxes and they print more money
which is going to cause even more inflation, which is going
to make the rich even richer and the poor even poor, right?
So if you look at the data, if you look at the facts, right?
If you ignore the crazy, Alex Jones stuff about the eating of
the children about a global communist takeover, you just put
that aside But you actually look at the words that they're using,
right? These Central planners
fundamentally believe that they could run your life better than
you can run it yourself. And by the way, they're not
playing by their own rules, their flying private jets left
and right. So, Yeah, it's backing up Opti
he pulled. He pulled a fast one on me.
Go before we move on. Before we move on, let me get
this fail because I really, really wanted to add this
because it definitely adds to what we were just saying today.
So we will go a little longer today but I think this is a good
point. So as you can see on the screen
this isn't Marty bent. That's a fail.
He did this, this newsletter the other day, the social Tipping
Point is here and I loved it so much that I want to plug it in
here because It adds perfectly to this site that I found over
the weekend that I was going to cover on Saturday anyway.
The issue number 12, 46, the social Tipping Point is here and
he goes they just fucked up so bad ruining the chance.
It's like the X out, a bunch of Internet.
Green Berets to every neighboring country to train
proxy forces. So here we are.
And he goes down and he's quoting This Thread and it goes,
it's strange. How access to information as
sped up the self-education of the general public to a point
where I think it's becoming a problem.
Problem for the ruling class, maybe that's why they're
becoming insane and trying to make the public discourse.
So insane. So, keep that in mind, as I show
you this site. So I saw this this weekend,
UNESCO dot-org released. This website and infographics
and the headline is hashtag think before sharing stop the
spread of conspiracy theories and I highlighted a few things
and it goes based on the plan demek has sparked a worrying
rise and disinformation and Theories, conspiracy.
Theories can be dangerous. They often Target and Destroy
emanate against vulnerable groups.
Ignore scientific evidence, and polarized Society.
With serious consequences. This needs to stop conspiracy
theories, cause real harm to people to their health and also
to their physical safety. They amplify and legitimize
misconceptions about the pandemic and reinforce
stereotypes, which can fuel violence and violent.
Extremist ideology says, the UNESCO director-general.
So they dropped a new campaign. What's helps you learn how to
learn debunk? Conspiracy theories and man
luck. I clicked on a few of these just
so that you can see what their messaging looks like.
And if this is not an example of what I just told you the
beginning of this fail, I really don't know what it is.
Because look at these infographics guys.
They are trying to Meme and as you know, they can't mean when
they don't have the truth on their side.
So let's just go into this a little bit.
So what are they? What's the conspiracy theories?
The belief that hold on, hold on, hold on.
Hold on, hold on a second. So yeah, when it comes to the
pandemic and whatever, we're not going to get into the engine.
No, no. This isn't about that.
The i, in my opinion, this is them using that as a cover to
spread the quote-unquote idea that there's conspiracy theories
out there and conspiracy theories out there that are
hurting people, and that it is your job to counter them.
So, as you can see, I'm just going to go into a little bit of
this stuff and look at some of these, he's sixth in common.
Ledge secret plot a group of conspirators.
Quote-unquote evidence. That seems to support the
conspiracy, they falsely suggest that nothing happened by
accident, that there are no coincident.
Nothing is as it appears in. Everything is connected.
They divided the world into good or bad, and they scapegoat
people or groups, let's just continue on.
This is what I tell you guys all the time.
And I think we cover this almost every single day, but I love
this framing. Look, check the author who is
writing this and as they say, it's likely a conspiracy.
If the author is a self-proclaimed, Pert and not
attached to a reputable organization or institution or
the author claims to have credentials but they don't
withstand scrutiny or are suspended.
And of course there's more info Graphics in here on how you you
should counter, conspiracy theories.
And what you should look for against is the same little
little little graphics. And they're sharing these guys.
This is them trying to meme the truth and as you can see on the
screen, like they are essentially saying that if it's
not coming from an official Source, if the information isn't
coming from an official Authority and then it isn't
true. This is literal big brother-type
doublespeak like, oh, trust the party and only the party is
giving you information. But, hey, look, we are just
average people. We can't think for ourselves,
you know, we don't know what's best.
You have no brain besides what someone else is telling you.
And if I have to make it really tldr like it's very obvious that
this is a fail guys because we know very well that this is an
information War. So what do they have to do?
They have to give you some easy sound bites, some easy
digestible memes, so that you can try to spread them so that
you can go counter all the fun on the internet because there's
so many conspiracy theories out there and it's like it's
absolutely atrocious that the powers that be the parasites at
the top. I can be this willfully detach
from everyone. They are absolute Psychopaths
and narcissist and they know this like I I'm being
hyperbolic, I apologize, Nico. But yo, this is the stuff that
gets me live. It like I know what's best for
me. How are you to tell me that?
I don't know what is right from wrong.
I fundamentally believe that I have a brain and I know what is
right from wrong and I can decipher for myself.
What information is right and wrong base.
On the truth and the facts behind this amazing amazing.
I know, Nico. I know I went, I went far out,
but yo, I am doing. What is interesting me?
I will write it in when I need to, if I touch the lines Romina
go for it. Ya know that YouTube thing is
just don't talk about the pandemic which we didn't and,
you know, and I lection stuff which we did it as well.
So we're good now. Okay, so let's talk about this,
right? The fundamental problem, right?
Is that the internet disintermediated information,
right before they governments were able to co-opt a couple
institutions and keep a narrative?
For example, you know, there's only a handful of to use their
words reputable newspapers. There's only a handful of
reputable TV channels, right? The internet gave anybody and
their mother. Anybody with the microphone the
ability to broadcast worldwide, right?
And it gave a bunch of people, the ability to communicate
freely. Now, That is a big problem for
governments, right? Because think about it, this way
in 2003, when they use the New York Times to convince everybody
about weapons of mass destruction, if the internet was
around, that would be very difficult to try to convince
people that narrative Because the Internet gives the ability
for people to talk back, right to speak back.
So yeah, this is an attempt. We saw by the B Administration,
they tried to implement the ministry of Truth or a version
of it right with the Department of Homeland.
Arati and in Europe. They're trying to do the same
thing. Now, here's the thing, guys, you
would give them the benefit of the doubt.
If they didn't lie, but these are the same people.
They want you to trust the same people that told you, there is
no inflation, it isn't real. It's caused by Putin is caused
by Supply chains and none of them have talked about the
actual cause. So don't blame us peasants and
deplorable for trying to do our own research because the
Sources, all they've done is Gaslight and lie.
And that is undeniable at this fact at this point, which is why
they're resorting to censoring, this is why they're deformed
resorting 2D platforming because they can't have individuals
forming their own thoughts. That is very bad for them,
right? So, yeah, Opti.
There's definitely a lot of Truth.
What you're saying? This is something that's really
important to us, guys, the fight for free speech.
Is the fight for Bitcoin. Why?
If they don't allow you to say certain things, what makes you
think? They're going to allow you to to
transact with whoever you want? It's the, it's the front line
for the battle for Bitcoin. The Frontline Battle.
Free speech is giving Bitcoin cover.
If they go and Co-op Free Speech, inevitably, they will
try to co-op the system that allows you to transact with
anybody free. And one of the most powerful
forms of speech is money, right? So yeah, good stuff Opti.
But anyways, let's move on to the best part of the show.
I'm for the daily meme, review brought to you by sitting out
21st. Best Bitcoin cultural scene is
stories articles Comics by actual bitcoiners artwork for
volume 10. It is artwork for volume 11 and
is the artwork for volume 2. Volunteers, almost sold out
because there's only 1000 physical copies made per volume.
Get your prints of Seville 21 today before they run out.
All right, all right. Well I am here to do the memory
of you and I saw Nico checking this one behind the shame.
So I'm already sure that he's sweating but let's get into this
guy. Oh god, of course of course
guys. Send Your Meme review scores in
the chat and we will read them after I get done with the meme.
So the first one is by a t communist forum, and I had to
put this one in. Considering I knew what all the
topics of Day wear. And I think, you know, memes, as
we tell you all the time, the memes, paint, a picture that you
can never put in writing. So memes are an important part
of this Warfare guys. You are battling with the means.
Anyways again any communist form goes and then we'll tell them.
We'll bring down inflation by printing loads, more money and
making energy more expensive, hashtag inflation reduction act
and we got Biden and Club having a grand old time laughing at the
plebs anyways in Sir, one on the inflation reduction act tip, we
have the template of a guy drowning and usually it's a
Bitcoin maximalist or someone tapping the hand.
But we have basically all of the world considering that the
dollar is the world Reserve currency.
He's drowning. And what does the government do
to help the American citizens? It adds a cup of water into the
water to help with inflation and he just drown more.
And of course I had to add this. Bye.
This mean with Big Sean Harris because it puts the pin on those
last two memes. Perfect, Lieber is the god of
Keynesian, and we got the almighty bird guide here.
And who do we have here? Bowing down.
We got Bernanke, we got Kings, we got Krugman, we got yelling,
we got power, we got kaolin Burr, the almighty, God of
Keynesian, 's, and then, as we told you, in the show about
inflation and inflation. Reduction act, we got this tweet
by at, no master. No ruler and it goes inflation.
What it is. One it.
Expansion of the money supply of Burr inflation.
What it isn't Rising prices, corporate greed, and Putin Mica
said, literally that exclaim thing in the news section
gahahaha you have it in a meme form that was not planned, but
this is the way anyways, since I did bring up ethereum, today I
had to throw in some shitting on eith memes.
It's just this is the way. Anyway, shout out the super
alkaline, Mister Satoshi and he goes hashtag Bitcoin.
Only. And of the bike template meme,
70 percent premium shit coin, ICL passes the test damn
bitcoiners, distasteful, ignorant, grotesquely and
short-sighted. Lee self-serving, yes, Bitcoin.
Bitcoin Maxis are just so closed.
Minded. I'm so closed-minded about my
monetary policy. I do not want you messing with
it, but talaq anyways. Another one by at fractal
encrypt eat after the merge. And as you can see, it's a
basketball court. That is not a normal basketball
color. It is all messed up and the one
chord is on normal and the other ones off to the side.
Because this e, it's, it's a monstrosity over there.
And then look, this is not unusual meme, but I had to add
this in here because this blew my mind, maybe we can talk about
it on the numbers and other day, but this absolutely blew my
mind. Guys, remember how we've been
telling you That we are most likely in a recession that they
can tell you. There is no inflation that can
tell you that there is no recession.
Will look at this chart right here and we have the S&P 500
Index from 2001 1937 and 2008 overlaid under the S&P 500 Index
that we are right now in white. And if you look at what is going
on, guys, it is looking like we are in trouble and they can't
hide anymore because the numbers Are proving them wrong, guys, we
tell you all the time, just continue to stay humble and
stacks ads because who knows how long they can kick this can down
the road. But it doesn't look pretty out
there and we will continue to spread this message guys because
it's scary out there, man. It is looking like this is
actual the the realist chart you can see on the internet right
now. Anyways, my score.
For today's me and review is this bottle of African Royale
for your hair and your skin? If you know, you know, by the
way, my mom watched the show, and she told me to give you a,
she's like, Optimus has to fix his hair.
So, Mom, if you're watching. Yes.
Told him. Yes, Mama Nico.
I know I've been getting hate for my hair.
I that's why I'm wearing a hat today.
Mom. I'll make sure my hair is nice.
Still, he is so handsome, he needs to fix his hair.
That's that's that's the feedback.
Anyone noted so guys while I give the score, this is the meme
review. So rate, the meme in the comment
section, make Opti feel uncomfortable.
If you're new to the show. Very simple.
You give the memes ask or it could be anything.
It's really up to you. I'm going to give it and this is
this is for Becca. I'm going to give it to nicko's.
Mysterious journals. Not just one too.
What's in here? Maybe I'll reveal it to you guys
as the days goes by, I don't know.
But anyways, oh, goddamn you BTC pins?
I give those memes. Niko's mom.
Ha ha ha Bitcoin. Becca I score those memes with
seven hundred eighty billion deflated basketballs.
Let's see. Bitcoin Becca.
Oh my God, the list is getting so long and Becca says she
agrees with the hair. I do appreciate Becca.
I am building good hair. This building.
Good hair off this building. Good hair.
So anyways guys, if you have more scores, drop it in the
comments section if not going once.
Going twice, it going three times.
Alright Opti, let's move on. There was a software release, I
think today, Bitcoin. Software release.
All right. Opti, beautiful, beautiful.
I don't have it uploaded over here guys.
So you got it. I got it.
You're not gonna look at my face or Nicolas.
Get it up for you guys got it. We got Ellen, I have it.
I have it. I just don't have the screen.
It's I usually have the screen for you guys.
So, but today, software releases Ellen, bit version 0.91.
Definitely go use. LM B, guys.
I'm I really liked this project. I think it's a really awesome
project for like, an uncle Jimbo.
They're doing really cool stuff over there.
There's some hot fixes and some extensions and stuff over here
but it says on chain wallet and Satchel, Paige server updates.
So they are building in the bear Market but of course make sure
you listen to us on Google Spotify, anchor.
And of course, if you think we are providing value for you guys
day in and day out, stream of some stats on Fountain.
We appreciate all the love. Hope you have a good day,
anyways. Nico, let's roll this one out.
Yep. All right guys, before we go I
want to give a very Very special shout-out to our awesome sponsor
site for safe. Don't be that person.
That stores their seed on paper. Paper is water prone.
It's fire-prone. It's dog prone paper.
Just sucks. Like it's not going to last long
so you definitely want to put your seed on metal and there's
no other place to do it. Then the Cipher wheel or the
cipher grid, both of which you can get on Cipher, safe, dot Io
Io, Want to give a very special shout-out to our clothing.
Sponsor opting, I wear the hoodies and the merge every
single day. Optishot, your teeth show off
your T-shirt. I'm wearing the camo hoodie opt.
He's wearing the T-shirt, he's making Bitcoin merch.
He's made Bitcoin merch. I think it's sold out by now
because of how awesome it is. And, of course he is making
simply Bitcoin marriage. It's coming soon.
I'll show it to you guys when it's ready.
Guys, that was our live show. No, we had a little bit of
Technical difficulties today because of the live stream.
I want to give a very special thanks to swallow.
Sorry, Jacob from Swan that does the, the spaces with us.
I also want to give a special thanks to Hans.
He does a lot of our research. Shout out to you brother, guys.
That was our show. Thank you so much for joining
us. Like I said, it's a live show.
We will make mistakes bear with us but it's a live show so you
can make that you can see those mistakes.
Real-time and that adds to part of the magic guys, if you really
enjoyed the show, if you felt like this show provided value,
we appreciate it really helps us if you hit the like button and
of course if you really really like us, make sure to hit that
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I mean 12:15 p.m. Eastern Standard Time.
Hopefully tomorrow will have it will have it set up for you
guys. Little bit better than today.
But guys, we love you. We appreciate it.
Thank you so much for joining us.
We will see you on the next one.